Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following statements accurately describes β1 in a regression model?
Which of the following statements accurately describes β1 in a regression model?
- β1 is the change in Y for a one-unit change in X.
- β1 is the ordinate to the origin.
- β1 is the slope of the line. (correct)
- β1 is the value of Y when X = 0.
What does β0 represent in a regression model?
What does β0 represent in a regression model?
- The value of Y when X = 0. (correct)
- The change in Y for a one-unit change in X.
- The ordinate to the origin.
- The slope of the line.
What are the units of β0 in a regression model?
What are the units of β0 in a regression model?
- The units of Y over the units of X.
- The units of Y squared.
- The units of X.
- The units of Y. (correct)
Flashcards are hidden until you start studying
